* Corner position Main Street commercial property - a well located commercial investment opportunity
* A mixed use freehold title property with 4 income streams, comprising 3 commercial tenancies and 1 free-standing residential tenancy.
* B2 Local Business land use zoning allows mixed use commercial, medical, and shop top housing potential
* Each commercial tenancy has direct street access and natural light.
* The combined area of the commercial component is 195 sqm approx constructed of brick and sheet metal roof and comprises of 3 tenancies;
- Tenancy 1 is 95 sqm approx, lease to a mobile phone shop at $25,000 pa GST ex, (18 month)
- Tenancy 2 is 41.5 sqm approx leased to a hair dresser at $14,560 pa GST ex (2 year + 1 yr)
- Tenancy 3 is 47 sqm approx Leased to an osteopath at $12,740 pa GST ex
* The residence is constructed of weatherboard cladding and sheet metal and comprises 2 bedrooms with courtyard area and parking onsite, c
* This property would suit investors looking for the security of a diverse multiple income investment
* Located right in the Main Street (which is the Oxley Highway) and opposite the Bain park which is a beautiful outlook and pleasant retreat for staff amenities.
* Land area of 504 sqm approx., possible opportunity to remove house and further develop (stca).
* We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
* Call Luke Horton - 0417 406 4...
Raine & Horne Commercial
Shop 3, 136 William Street, Port Macquarie
T : 02 6584 05...